The Team The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and increasingly complex business to improve financial performance and protect the firm's assets and ...
The Team The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and increasingly complex business to improve financial performance and protect the firm's assets and ...
Market Risk
Boston, MA · On-site +1
$82K - $180K/yr
Substantial interaction with traders and other support functions; helping develop risk management ... Master's degree or its equivalent in Financial Mathematics, Statistics, or related quantitative ...
Market Risk
Boston, MA · On-site +1
$82K - $180K/yr
Substantial interaction with traders and other support functions; helping develop risk management ... Master's degree or its equivalent in Financial Mathematics, Statistics, or related quantitative ...
Market Risk
Boston, MA · On-site
$82K - $180K/yr
Substantial interaction with traders and other support functions; helping develop risk management ... Master's degree or its equivalent in Financial Mathematics, Statistics, or related quantitative ...
Market Risk
Boston, MA · On-site
$82K - $180K/yr
Substantial interaction with traders and other support functions; helping develop risk management ... Master's degree or its equivalent in Financial Mathematics, Statistics, or related quantitative ...
... risk and control management, while also being task oriented and capable of meeting the tight ... Act as SME for SAP application controls in external audits (e.g.financial,SOX, regulatory) * Lead ...
... risk and control management, while also being task oriented and capable of meeting the tight ... Act as SME for SAP application controls in external audits (e.g.financial,SOX, regulatory) * Lead ...
Senior Manager, Risk Operations
Boston, MA · On-site
$147K - $157K/yr
... financial service industry. Or, alternatively,Master's degree in Computer Science, Engineering ... Manager, Risk Operations (or closely related occupation) performing daily risk monitoring and ...
Senior Manager, Risk Operations
Boston, MA · On-site
$147K - $157K/yr
... financial service industry. Or, alternatively,Master's degree in Computer Science, Engineering ... Manager, Risk Operations (or closely related occupation) performing daily risk monitoring and ...
Senior Manager, Risk Operations
Boston, MA · On-site
$147K - $157K/yr
... financial service industry. Or, alternatively, Master's degree in Computer Science, Engineering ... Manager, Risk Operations (or closely related occupation) performing daily risk monitoring and ...
Senior Manager, Risk Operations
Boston, MA · On-site
$147K - $157K/yr
... financial service industry. Or, alternatively, Master's degree in Computer Science, Engineering ... Manager, Risk Operations (or closely related occupation) performing daily risk monitoring and ...
Credit Risk Modeler, Assistant Vice President
Boston, MA · On-site
$90K - $157K/yr
This role is part of the Centralized Modeling, Analytics and Operations Group within Enterprise Risk Management's Financial Risk Organization. Why this role is important to us The team you will be ...
Credit Risk Modeler, Assistant Vice President
Boston, MA · On-site
$90K - $157K/yr
This role is part of the Centralized Modeling, Analytics and Operations Group within Enterprise Risk Management's Financial Risk Organization. Why this role is important to us The team you will be ...
Credit Risk Modeler, Assistant Vice President
Boston, MA · On-site
$90K - $157K/yr
This role is part of the Centralized Modeling, Analytics and Operations Group within Enterprise Risk Management's Financial Risk Organization. Why this role is important to us The team you will be ...
Credit Risk Modeler, Assistant Vice President
Boston, MA · On-site
$90K - $157K/yr
This role is part of the Centralized Modeling, Analytics and Operations Group within Enterprise Risk Management's Financial Risk Organization. Why this role is important to us The team you will be ...
Business Risk Manager, Assistant Vice President
$80K - $140K/yr
Who we are looking for Global Delivery Business Risk Management (GD BRM) is seeking a motivated and ... This role contributes to the identification, escalation, and mitigation of non-financial risks ...
Business Risk Manager, Assistant Vice President
$80K - $140K/yr
Who we are looking for Global Delivery Business Risk Management (GD BRM) is seeking a motivated and ... This role contributes to the identification, escalation, and mitigation of non-financial risks ...
Risk Management - Capital Markets
Boston, MA · Hybrid
$125K - $180K/yr
... manager portfolios, including analysis of margin levels, stress scenario results, and exposure ... Master's degree in financial mathematics, Mathematical Science or related quantitative discipline ...
Risk Management - Capital Markets
Boston, MA · Hybrid
$125K - $180K/yr
... manager portfolios, including analysis of margin levels, stress scenario results, and exposure ... Master's degree in financial mathematics, Mathematical Science or related quantitative discipline ...
Bachelor's degree in Finance, Accounting, Information Technology, Risk Management, or Economics * One or more of the following: Certified Public Accountant (CPA), Certified Internal Auditor (CIA ...
Bachelor's degree in Finance, Accounting, Information Technology, Risk Management, or Economics * One or more of the following: Certified Public Accountant (CPA), Certified Internal Auditor (CIA ...
Risk Management - Capital Markets
Boston, MA · On-site
$125K - $180K/yr
... manager portfolios, including analysis of margin levels, stress scenario results, and exposure ... Master's degree in financial mathematics, Mathematical Science or related quantitative discipline ...
Risk Management - Capital Markets
Boston, MA · On-site
$125K - $180K/yr
... manager portfolios, including analysis of margin levels, stress scenario results, and exposure ... Master's degree in financial mathematics, Mathematical Science or related quantitative discipline ...
Quantitative Risk
Boston, MA · Hybrid
$104K - $180K/yr
Must have: demonstrated ability to collaborate with third-party vendors to integrate, validate and enhance financial risk tools and ensure alignment with internal risk management framework ...
Quantitative Risk
Boston, MA · Hybrid
$104K - $180K/yr
Must have: demonstrated ability to collaborate with third-party vendors to integrate, validate and enhance financial risk tools and ensure alignment with internal risk management framework ...
Quantitative Risk
Boston, MA · On-site
$104K - $180K/yr
Must have: demonstrated ability to collaborate with third-party vendors to integrate, validate and enhance financial risk tools and ensure alignment with internal risk management framework ...
Quantitative Risk
Boston, MA · On-site
$104K - $180K/yr
Must have: demonstrated ability to collaborate with third-party vendors to integrate, validate and enhance financial risk tools and ensure alignment with internal risk management framework ...
Quantify risk in financial terms - expected loss, probability, and cost of remediation versus ... manage conflicting priorities and multiple concurrent initiatives * Strong command of risk ...
Quantify risk in financial terms - expected loss, probability, and cost of remediation versus ... manage conflicting priorities and multiple concurrent initiatives * Strong command of risk ...
Quantify risk in financial terms - expected loss, probability, and cost of remediation versus ... manage conflicting priorities and multiple concurrent initiatives * Strong command of risk ...
Quantify risk in financial terms - expected loss, probability, and cost of remediation versus ... manage conflicting priorities and multiple concurrent initiatives * Strong command of risk ...
Quantify risk in financial terms -- expected loss, probability, and cost of remediation versus ... manage conflicting priorities and multiple concurrent initiatives * Strong command of risk ...
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Apply Early
Quantify risk in financial terms -- expected loss, probability, and cost of remediation versus ... manage conflicting priorities and multiple concurrent initiatives * Strong command of risk ...
Apply Early
Quantify risk in financial terms - expected loss, probability, and cost of remediation versus ... manage conflicting priorities and multiple concurrent initiatives * Strong command of risk ...
Quantify risk in financial terms - expected loss, probability, and cost of remediation versus ... manage conflicting priorities and multiple concurrent initiatives * Strong command of risk ...
Strategic Risk, VP
Boston, MA · On-site
$120K - $202K/yr
... of financial services to institutional investors, to which it provides custody and management of ... The Enterprise Risk Management (ERM) department at State Street is responsible for the ...
Strategic Risk, VP
Boston, MA · On-site
$120K - $202K/yr
... of financial services to institutional investors, to which it provides custody and management of ... The Enterprise Risk Management (ERM) department at State Street is responsible for the ...
Actively collaborates with Claims Department to assist BMC efforts to minimize legal/financial ... Supports Manager, Risk Management in all regulatory activities associated with operations of the ...
Actively collaborates with Claims Department to assist BMC efforts to minimize legal/financial ... Supports Manager, Risk Management in all regulatory activities associated with operations of the ...
Financial Risk Manager information
See Boston, MA salary details
$56K - $67.7K
4% of jobs
$67.7K - $79.4K
6% of jobs
$79.4K - $91.1K
11% of jobs
$95.4K is the 25th percentile. Wages below this are outliers.
$91.1K - $102.8K
11% of jobs
The median wage is $112.1K / yr.
$102.8K - $114.5K
23% of jobs
$114.5K - $126.2K
13% of jobs
$133.9K is the 75th percentile. Wages above this are outliers.
$126.2K - $137.9K
12% of jobs
$137.9K - $149.6K
8% of jobs
$149.6K - $161.3K
6% of jobs
$161.3K - $173K
4% of jobs
$173K - $184.7K
2% of jobs
$56K
$121.2K
$184.7K
How much do financial risk manager jobs pay per year?
What are some common challenges Financial Risk Managers face when working with cross-functional teams?
What is the difference between Financial Risk Manager vs Credit Analyst?
| Aspect | Financial Risk Manager | Credit Analyst |
|---|---|---|
| Certifications | FRM, CFA | Fitch, CFA |
| Work Environment | Financial institutions, banks, investment firms | Banks, lending institutions, credit agencies |
| Primary Focus | Assessing and managing overall financial risks | Evaluating creditworthiness of borrowers |
| Industry Usage | Risk management departments, trading floors | Loan departments, credit risk units |
While both roles involve financial analysis, a Financial Risk Manager focuses on identifying and mitigating broad financial risks across an organization, often requiring advanced certifications like FRM or CFA. A Credit Analyst specializes in assessing individual borrowers' creditworthiness to inform lending decisions. Both roles are vital in financial institutions but serve different strategic purposes.
What are the key skills and qualifications needed to thrive as a Financial Risk Manager, and why are they important?
What does a Financial Risk Manager do?
Deloitte rating
8.0
Based on 89 frontline employees who took The Breakroom Quiz
71st of 146 rated financial services
Job description
The Team
The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and increasingly complex business to improve financial performance and protect the firm's assets and reputation. The Quality Program team sits within QRM and supports delivery quality by providing objective, timely, and actionable feedback to engagement teams and facilitating the identification of systemic quality issues across Industries and Offering Portfolios.
Recruiting for this role ends on 08/01/2026.
Work you'll do
Quality Specialists support Quality Program oversight activities across Energy, Resources & Industrials (ER&I), with a focus on financial risk inquiry, analyzing and raising visibility to high-risk engagements, and supporting timely escalation of quality concerns. This role works closely with Quality and Risk leaders, Finance Risk Leaders, and other stakeholders to maintain visibility into engagement health, support risk-related discussions, and help ensure quality issues are tracked, communicated, and addressed. Core responsibilities for the role include:
Oversight and Contextual Ownership of Industry Engagements
- As part of the ER&I Industry Risk team, work in partnership with Account Risk Managers to support the highest risk projects in that industry using all available tools and data
- Specifically, have an active pulse on all high-risk engagements, equipping the Industry Risk Managers with real-time information
- Support discussions with the engagement leaders as needed
- Track, monitor, and escalate early warning indicators identified through Quality processes in DEP (QRM's quality management system), red review calls, and active engagement with industry
- Work with IRL to orchestrate Industry Updates (in partnership with ET&A) on Cost of Quality (CoQ) data and trends as applicable
Quality Program Operations
- In partnership with the account Risk Manager, to keep Engagement Status Notes updated for ER&I Industry engagements with the simple facts - the issue and what we are doing to solve
- Communicate and coordinate back with the Quality Excellence Leader (QEL) and Quality Analytics and Enablement Manager on the biggest issues, equipping them with necessary updates to maintain relationship with Quality and Risk leaders, and to help inform on strategic and analytic initiatives
- Update DEP with the most relevant output of red review calls and financial status updates from Finance Risk Leaders
- Own CoQ Root Cause management and continual refinement of categories, in partnership with Risk Manager / Finance
- Support the design and testing of system and reporting enhancements that will optimize Quality Program operations
Manages bi-directional relationships
- This role will sit within the ER&I Industry Risk teams and will require tight coordination with QRM Risk Managers. Further, it will necessitate a feedback loop with the QEL and Quality Analytics and Enablement Manager
- The person should have the ability to understand the dynamic relationships that exist and have a command and control over the information that will need to be shared
- Serve as the primary QRM liaison with Industry Finance Risk Leaders to understand and socialize escalating financial risks that may impact delivery quality
A successful candidate will possess these skills:
- Demonstrated project management and organizational skills, including the ability to manage multiple priorities, maintain accurate follow-through, identify issues or risks that may affect timelines or outcomes, and escalate appropriately in a fast-paced environment
- Strong problem-solving and analytical skills, including the ability to assess situations, gather and synthesize information from multiple sources, identify themes or trends, connect the dots, and support practical recommendations
- Effective communication and stakeholder management skills, including the ability to clearly articulate objectives, share updates in a timely and concise manner, tailor messages for different audiences, and coordinate effectively across multiple stakeholder groups
- Sound professional judgment and adaptability, including the ability to operate effectively in a complex, matrixed organization, manage sensitive information with discretion, and adjust quickly as priorities evolve
Qualifications:
Required:
- 6+ years of quality management, risk management, project management, program management, or engagement oversight
- BBA/BA/BS in related field
- Ability to travel up to 25%, on average, based on the work you do and the clients and industries/sectors you serve.
- Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
Preferred:
- Masters' Degree in related field a plus
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions, including but not limited to: skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $95,600 - $188,400.
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
Qualifications:The Team
The mission of Quality and Risk Management (QRM) is to manage the risk in our growing and increasingly complex business to improve financial performance and protect the firm's assets and reputation. The Quality Program team sits within QRM and supports delivery quality by providing objective, timely, and actionable feedback to engagement teams and facilitating the identification of systemic quality issues across Industries and Offering Portfolios.
Recruiting for this role ends on 08/01/2026.
Work you'll do
Quality Specialists support Quality Program oversight activities across Energy, Resources & Industrials (ER&I), with a focus on financial risk inquiry, analyzing and raising visibility to high-risk engagements, and supporting timely escalation of quality concerns. This role works closely with Quality and Risk leaders, Finance Risk Leaders, and other stakeholders to maintain visibility into engagement health, support risk-related discussions, and help ensure quality issues are tracked, communicated, and addressed. Core responsibilities for the role include:
Oversight and Contextual Ownership of Industry Engagements
- As part of the ER&I Industry Risk team, work in partnership with Account Risk Managers to support the highest risk projects in that industry using all available tools and data
- Specifically, have an active pulse on all high-risk engagements, equipping the Industry Risk Managers with real-time information
- Support discussions with the engagement leaders as needed
- Track, monitor, and escalate early warning indicators identified through Quality processes in DEP (QRM's quality management system), red review calls, and active engagement with industry
- Work with IRL to orchestrate Industry Updates (in partnership with ET&A) on Cost of Quality (CoQ) data and trends as applicable
Quality Program Operations
- In partnership with the account Risk Manager, to keep Engagement Status Notes updated for ER&I Industry engagements with the simple facts - the issue and what we are doing to solve
- Communicate and coordinate back with the Quality Excellence Leader (QEL) and Quality Analytics and Enablement Manager on the biggest issues, equipping them with necessary updates to maintain relationship with Quality and Risk leaders, and to help inform on strategic and analytic initiatives
- Update DEP with the most relevant output of red review calls and financial status updates from Finance Risk Leaders
- Own CoQ Root Cause management and continual refinement of categories, in partnership with Risk Manager / Finance
- Support the design and testing of system and reporting enhancements that will optimize Quality Program operations
Manages bi-directional relationships
- This role will sit within the ER&I Industry Risk teams and will require tight coordination with QRM Risk Managers. Further, it will necessitate a feedback loop with the QEL and Quality Analytics and Enablement Manager
- The person should have the ability to understand the dynamic relationships that exist and have a command and control over the information that will need to be shared
- Serve as the primary QRM liaison with Industry Finance Risk Leaders to understand and socialize escalating financial risks that may impact delivery quality
A successful candidate will possess these skills:
- Demonstrated project management and organizational skills, including the ability to manage multiple priorities, maintain accurate follow-through, identify issues or risks that may affect timelines or outcomes, and escalate appropriately in a fast-paced environment
- Strong problem-solving and analytical skills, including the ability to assess situations, gather and synthesize information from multiple sources, identify themes or trends, connect the dots, and support practical recommendations
- Effective communication and stakeholder management skills, including the ability to clearly articulate objectives, share updates in a timely and concise manner, tailor messages for different audiences, and coordinate effectively across multiple stakeholder groups
- Sound professional judgment and adaptability, including the ability to operate effectively in a complex, matrixed organization, manage sensitive information with discretion, and adjust quickly as priorities evolve
Qualifications:
Required:
- 6+ years of quality management, risk management, project management, program management, or engagement oversight
- BBA/BA/BS in related field
- Ability to travel up to 25%, on average, based on the work you do and the clients and industries/sectors you serve.
- Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
Preferred:
- Masters' Degree in related field a plus
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions, including but not limited to: skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $95,600 - $188,400.
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
Education:Bachelor's DegreeEmployment Type: